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    407 Tulip St Salina, NY 13088
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    407 Tulip St Salina, NY 13088

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    • Turn key restaurants
    • 4,823 SF
    • 0.17 lot acres
    For Sale
    $495,000
    View Listing →
    Turnkey Restaurant and Office Space For Sale
    $495,000
    0.17 Acres

    Turnkey Restaurant and Office Space

    4,800 SF property with restaurant and office space.

    407 Tulip St, Salina, NY 13088
    View Listing
    Property ID
    US63-6173693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nutrition Clinic / Eating Disorder Treatment Center
    • Ophelia's Place / Eating Disorder Treatment Center / Mental Health Service
    • Jodie Wilson / Foster Care Service / Social Service Agency
    • Marc Immerman / Physician

    Property Details for 407 Tulip St

    Year built
    1965
    Lot size
    0.17 lot acres
    Property size
    4,823 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Turn key restaurants
    APN
    314801 005.-03-07.0
    APU
    31480100503070

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Liverpool
    County
    Onondaga
    State
    New York
    Longitude
    -76.2082
    Latitude
    43.104
    CBSA code
    45060
    CBSA name
    SYRACUSE, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $36,700
    $313,300
    $350,000
    -
    $41,236
    $352,022
    $393,258

    Comparable in this City

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      $870,000
      7,351 SF

      311 7th N St

      RESTAURANT • 7,351 SF
      311 7th N St, Liverpool, NY 13088-6624
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    • Value Estimation by Request
      2,692 SF

      409 7th N St

      RESTAURANT • 2,692 SF
      409 7th N St, Liverpool, NY 13088-6645
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    • Value Estimation
      $745,000
      8,181 SF

      302 Old Liverpool Rd

      RESTAURANT • 8,181 SF
      302 Old Liverpool Rd, Liverpool, NY 13088-6219
      View Details
    • Value Estimation
      $550,000
      9,020 SF

      302 Vine St

      RESTAURANT • 9,020 SF
      302 Vine St, Liverpool, NY 13088-5129
      View Details
    • Value Estimation by Request
      1,604 SF

      720 Old Liverpool Rd

      RESTAURANT • 1,604 SF
      720 Old Liverpool Rd, Liverpool, NY 13088-6035
      View Details

    Similar Nearby for Sale

    • $495,000
      Pending

      Turnkey Restaurant and Office Space

      4,800 SF property with restaurant and office space.
      407 Tulip St, Salina, NY 13088
      View Details
    • $164,900

      Charming Cape Cod in Liverpool

      Rare B2 zoning, ample parking, ready for niche business.
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    • Contact for pricing

      Former Gym End Cap Space

      Approximately 12,000 sqft end cap space, former gym.
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    Similar Nearby for Lease

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      Land Lease at Liverpool Plaza

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      Industrial Single Tenant Space

      Industrial space available for rent, 37,711 square feet.
      506 Old Liverpool Rd, Salina, NY 13088
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    • Contact for pricing
      18,900 SF

      Industrial Warehouse Space Available

      18,900 SF warehouse with heavy power and loading docks.
      1111 Vine St, Liverpool, NY 13088
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    • $7 SF/Yr
      29,691 SF

      Liverpool Warehouse - 29,691 SF

      Prime industrial space, near Amazon. Lease or purchase.
      110 Monarch Dr, Salina, NY 13088
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    • $17 SF/Yr

      Class A Office Space Available

      Modern office suites with ample natural light and highway access.
      225 Greenfield Pkwy, Liverpool, NY 13088
      View Details
    View Listing
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    407 Tulip St
    Salina, NY 13088
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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